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Hitachi Vantara has highlighted 10 key trends that will dominate the Asia Pacific technology market in 2018 – with adoption of IoT platforms in pole position.

Hitachi Vantara’s CTO Hubert Yoshida and Asia Pacific CTO Russell Skingsley have worked together to predict the key trends. Some of the key trends highlighted by the Hitachi subsidiary are:

Adoption of IoT platforms by the IT sector to facilitate the application of IoT solutions

IoT solutions are really fast in turning out to be a strategic imperative in almost all industries and market sectors in addition to delivering insight to support digital transformation. Enterprises are expected to look for an IoT platform that offers an open, flexible architecture which eases integration with complimentary technologies.

Growth of analytics and artificial intelligence

It has been predicted that 2018 will witness real growth in analytics and AI as enterprises start realising the real returns on investments. Skingsley commented: “AI became mainstream with consumer products like Amazon Alexa and Apple Siri, and Hitachi believes that it is the collaboration of AI and humans that will bring real benefits to society.”

Blockchain to take centre stage

For two possible reasons it is believed that blockchain will take the centre stage in 2018. First, the use of cryptocurrencies and second an increase use of blockchain by the financial sector for several day-to-day processes such as customer documentation and regulatory filings.

Smart storage of data

Although there is advancement in digital transformation among enterprises, the issue arises when they are not able to access their data as it is stored in “isolated islands” making it costly to extract and use. Object storage has become “smart” with the help of software which helps in searching and reading content in multiple structured and unstructured data silos and analyse it for cleansing, formatting and indexing.

Interested in hearing industry leaders discuss subjects like this and sharing their IoT use-cases? Attend the IoT Tech Expo World Series events with upcoming shows in Silicon Valley, London and Amsterdam to learn more.

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IoT News is a practical resource providing news, analysis and opinion on the burgeoning Internet of Things ecosystem, from standardisation, to business use cases, and development opportunities. We take the best research and put our own spin on it, report from the frontline of the industry, as well as feature contributions from companies at the heart of this revolution.